This Week In Business News

This Week In Business News

September 16, 2017

Some of the Big Business News Stories From the Last Few Days


Dyson Aims to Create More Female Entrepreneurs

Entrepreneur James Dyson plans to boost the number of women attending his privately funded university in an effort to increase the number of female engineers in the UK.

According to figures from Mr Dyson’s company, women account for just 16pc of students studying engineering at undergraduate level in the UK. In addition, less than 10pc of practising engineers in the UK are women.

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Irish Start-Up HouseMyDog Breaks Crowdfunding Record

Irish start-up HouseMyDog has broken a crowdfunding record, hitting its initial target of €200,000 in 36 hours.

This is the fastest funds have ever been raise by an Irish company on one of the UK’s leading crowdfunding platforms.

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Economy Sees Quarterly Growth of 1.4%, up 5.8% on Annual Basis

Overall economic output or GDP rose by 1.4% between April and June compared to the first quarter, new figures show today.

Figures published by the Central Statistics Office show the economy grew by 5.8% in the second quarter of this year compared to the same time last year.

The Quarterly National Accounts figures also show that GNP, which factors out profits from multinationals, fell by 4.6% in the second quarter.

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Read Our Budget 2018 Predictions


125 Jobs to Be Created By Graebel in Dundalk

Up to 125 new jobs are set to be created in Dundalk over the next three years by Graebel Companies.

The announcement of the new jobs was made at the opening of the company’s new EMEA financial shared services and operations centre at the Finnabair Business PArk on Thursday.

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Sterling soars to highest since Brexit on Bank of England rate-hike bet

Sterling hit its highest level since the result of the Brexit vote on Friday as investors doubled down on bets the Bank of England would raise interest rates soon.

The UK currency was heading for its best week in almost nine years against a currency basket.

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